Stock market saw its best time in Narendra Modi’s first 100 days

New Delhi: During the first 100 days of the Modi government, the country have seen the rise of one of the most powerful PMOs ever. In the past three months the nation has seen the impact of “minimum government, maximum governance,” and it seems to like it. There have been speedy decisions, and bureaucrats and ministers appear to have been made accountable. The result India?s GDP growth in the first quarter of the financial year has beat expectations to register 5.7 per cent, the highest in the past nine quarters. This is also only the second quarter of above five per cent growth since early 2012. Reports indicate the markets have also seen their best period in the past 100 days.

With Mr Modi at the helm, long-delayed economic reform measures have begun to take shape, that include tax reforms, railway modernisation, encouraging small entrepreneurs in an attempt to turn India into a hub for manufacturing. But it is his continuing silence over relentless Hin-dutva rants by some members of the Sangh Parivar and hawks in the BJP which some find “deafening.” This apart, the journey so far has been just great. There is hope and there is fear. “But that’s just Mr Modi style of governance,” a top saffron leader pointed out.